The Business Times: Manulife Vietnam sees 16% premium increase in q1

---

• Manulife Vietnam sees 16% premium increase in q1
• 25,700 gold taels sold in june 7 auction
• Vietnam to raise import tax on used cars second time in 2 months
• Thai footwear businesses explore Vietnam market
• Paper expo attracts big companies
• Dung Quat EZ targets $12 billion of fresh FDI
• Ministry collects vnd1.4 trillion in road maintenance fee
• Banks hiding bad debts to face inspection
• SMEs turn out to be banks’ lifebuoy
• Vietnam treasury raises vnd2tln government bond on june 6; yield down

Manulife Vietnam sees 16% premium increase in q1 Posted: 07 Jun 2013 01:02 AM PDT Life insurer Manulife Vietnam reported total premiums and deposits of VND512 billion in the first quarter of 2013, an increase of 16% over the same period last year. Total assets under the company's management were nearly VND7.2 trillion, an increase of 29%. Insurance sales through bancassurance also experienced growth compared to the same quarter of [...] The post Manulife Vietnam sees 16% premium increase in q1 appeared first on Vietnam Business News.

25,700 gold taels sold in june 7 auction Posted: 07 Jun 2013 12:51 AM PDT The State Bank of Vietnam (SBV) sold 25,700 taels of gold bars out of 26,000 taels offered in an auction held on June 7 at the prices slightly lower than in the earlier auction, the central bank said. The gold bars were sold to 9 banks and gold firms at VND40.88 million per tael at [...] The post 25,700 gold taels sold in june 7 auction appeared first on Vietnam Business News.

Vietnam to raise import tax on used cars second time in 2 months Posted: 06 Jun 2013 08:18 PM PDT Import tax on second hand cars will be raised from June 20, a second time in a row in the last 2 months. The absolute tax for passenger cars of 9 seats or less(including driver), andcylinder capacity less than 1,000 cm3 will increase by $800 to $ 5,000. Cars withcapacity of 1,000 cm3 to 1,500 cm3 will bear an import tax [...] The post Vietnam to raise import tax on used cars second time in 2 months appeared first on Vietnam Business News.

Thai footwear businesses explore Vietnam market Posted: 06 Jun 2013 08:16 PM PDT Ho Chi Minh City hosted a June 6 trade exchange between representatives and businesses of the Vietnamese and Thai footwear industries. Thai Office of Commercial Affairs Director PanjitPisawong noted 30 of the participating Thai entrepreneurs are footwear, bags, and fashion companies eager for Vietnamese partners. Vietnam Leather and Footwear Association (Lefaso) Deputy Chairman Diep Thanh [...] The post Thai footwear businesses explore Vietnam market appeared first on Vietnam Business News.

Paper expo attracts big companies Posted: 06 Jun 2013 08:12 PM PDT More than 60 businesses and organisations representing 14 countries are participating in Hanoi's 2013 Paper Vietnam exhibition over June 6–8. Those from India, Japan, the US, Finland, Germany, Spain, the Republic of Korea, Denmark, Malaysia, the Czech Republic and China are showcasing a variety of machinery and equipment used in paper production, including raw materials, [...] The post Paper expo attracts big companies appeared first on Vietnam Business News.

Dung Quat EZ targets $12 billion of fresh FDI Posted: 06 Jun 2013 08:10 PM PDT Dung Quat Economic Zone (EZ) seeks to lure over US$12 billion from now to 2015, according to Quang Ngai Province at an investment promotion conference held in HCMC on Wednesday. Pham Nhu So, vice chairman of the provincial government, informed 111 projects had obtained investment certificates for development in the economic zone, with total pledged [...] The post Dung Quat EZ targets $12 billion of fresh FDI appeared first on Vietnam Business News.

Ministry collects vnd1.4 trillion in road maintenance fee Posted: 06 Jun 2013 08:00 PM PDT According to a report sent by Dinh La Thang, Minister of Transport, to the National Assembly, the Ministry has collected VND1.4 trillion (US$66.74 million) in road maintenance fee in April. Collection of road maintenance fee began on January 1 this year, and now the Ministry has submitted to the Prime Minister suggestions on various measures [...] The post Ministry collects vnd1.4 trillion in road maintenance fee appeared first on Vietnam Business News.

Banks hiding bad debts to face inspection Posted: 06 Jun 2013 07:56 PM PDT Banks which try to hide their bad debts and do not want to sell the debts will face inspections by the State Bank of Vietnam (SBV). The measure is included a plan issued by the prime minister to mitigate bad debts in the banking sector. According to the plan, the State Bank of Vietnam, the [...] The post Banks hiding bad debts to face inspection appeared first on Vietnam Business News.

SMEs turn out to be banks’ lifebuoy Posted: 06 Jun 2013 07:56 PM PDT Accessing bank loans had never been an easy thing for small and medium enterprises (SMEs). However, things have become quite different — banks have been trying to persuade SMEs to borrow money. In the past, the proposals to borrow money from SMEs were usually refused by commercial banks which saw the high risks in lending [...] The post SMEs turn out to be banks' lifebuoy appeared first on Vietnam Business News.

Vietnam treasury raises vnd2tln government bond on june 6; yield down Posted: 06 Jun 2013 07:56 PM PDT The State Treasury of Vietnam sold out VND2 trillion worth of 5-year government bonds or 100% of the offered value at the yield of 7.3% per annum in an auction held on June 6, said the Hanoi Stock Exchange (HNX). The fixing was down by 0.48% against the previous auction. The bid-to-cover ratio was with [...] The post Vietnam treasury raises vnd2tln government bond on june 6; yield down appeared first on Vietnam Business News.

You are subscribed to email updates from Vietnam Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610